Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering to a higher-for-longer reality and a murky path forward for the market.
https://www.nationalmortgagenews.com/articles/bond-traders-surrender-to-higher-for-longer-reality-from-the-fed
Texas Capital Bank files new motion in Ginnie Mae case
The motion calls upon the judge to rule quickly on an Administrative Procedures Act claim...
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